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encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British … any positive effects of job-specific human capital on wage growth within jobs are outweighed by the effects of job changes … within firms. -- job spells ; employer spells ; wage-tenure profiles …
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We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information … rent accumulation and sharing, (c) a post investment period and, (d) retirement. We establish that increases in both wage … rates and hours of work in the post-investment period serve to minimise sub-optimal separations and, moreover that both wage …
Persistent link: https://www.econbiz.de/10011325980
We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information … rent accumulation and sharing, (c) a post investment period and, (d) retirement. We establish that increases in both wage … rates and hours of work in the post-investment period serve to minimise sub-optimal separations and, moreover that both wage …
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premium pay. We expand on the wage contract literature that emphasises the role of firm-specific human capital and that … explore a simple wage-hours contract without overtime and show that incorporating hours into the contract may itself produce … efficiency. Our modelling outcomes in respect of the relationship between the overtime premium and the standard wage rate relate …
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